Morts Estate is a small community in New South Wales within the Lithgow local government area (postcode 2790). With a population of 545, the suburb has a mature demographic with a median age of 46. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Morts Estate is $511,000, having declined 7.7% over the past year. Units have a median price of $410,000. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Morts Estate offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($511K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -7.7% year-on-year.
Morts Estate is a small community in New South Wales within the Lithgow local government area (postcode 2790). With a population of 545, the suburb has a mature demographic with a median age of 46. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Morts Estate is $511,000, having declined 7.7% over the past year. Units have a median price of $410,000. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Morts Estate offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($511K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -7.7% year-on-year.